Ingersoll Rand

Ingersoll Rand (IR) Q1 2026 Earnings

Reported Apr 28, 2026 at 4:19 PM ET · SEC Source

Q1 26 EPS

$0.77

BEAT +4.03%

Est. $0.74

Q1 26 Revenue

$1.85B

BEAT +0.92%

Est. $1.83B

vs S&P Since Q1 26

+0.5%

BEATING MARKET

IR +9.2% vs S&P +8.7%

Market Reaction

Did IR Beat Earnings? Q1 2026 Results

Ingersoll Rand opened 2026 with a quarter that cleared Wall Street's bar on both top and bottom lines, posting adjusted diluted EPS of $0.77 against a consensus of $0.74, a beat of 4.03%, while revenue of $1.85 billion edged past estimates by 0.92% a… Read more Ingersoll Rand opened 2026 with a quarter that cleared Wall Street's bar on both top and bottom lines, posting adjusted diluted EPS of $0.77 against a consensus of $0.74, a beat of 4.03%, while revenue of $1.85 billion edged past estimates by 0.92% and grew 7.6% year over year. The headline growth was powered largely by acquisitions and favorable foreign currency, though organic revenue slipped 0.3%, a dynamic that also weighed on the Industrial Technologies and Services segment, where adjusted EBITDA margin compressed 210 basis points to 26.7%. The brighter spot was Precision and Science Technologies, which delivered 4% organic revenue growth and margin expansion of 120 basis points to 30.3%. Despite the solid beat, the stock has come under pressure, trading near a 52-week low as investors weigh tariff-related headwinds against management's steady full-year outlook, which calls for revenue growth of 2.5% to 4.5% and adjusted EPS of $3.45 to $3.57, representing approximately 5% growth at the midpoint.

Key Takeaways

  • Ingersoll Rand Execution Excellence (IRX) methodology driving operational discipline
  • Acquisitions contributed 3.7% to reported revenue growth
  • Foreign currency contributed 4.2% to reported revenue growth
  • P&ST segment organic revenue growth of 4% with 120 bps margin expansion
  • Tariff pricing offset tariff costs one-for-one in IT&S
  • IT&S book-to-bill ratio of 1.08x
24/7 Wall St

IR YoY Financials

Q1 2026 vs Q1 2025, source: SEC Filings

24/7 Wall St

IR Revenue by Segment

With YoY comparisons, source: SEC Filings

Q2 25 Q2 26

“We began 2026 with solid momentum, delivering high single-digit Adjusted EPS growth and meeting our expectations for Revenue and Adjusted EBITDA. With a robust M&A pipeline, we remain confident in reaching our annual revenue target. Our Economic Growth Engine, IRX, and ownership mindset will continue to support disciplined execution and durable value creation.”

— Vicente Reynal, Q1 2026 Earnings Press Release